Huagong Tech Co Stock Piotroski F Score

000988 Stock   37.95  0.14  0.37%   
This module uses fundamental data of Huagong Tech to approximate its Piotroski F score. Huagong Tech F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Huagong Tech Co. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Huagong Tech financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Huagong Tech Co. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
  
At present, Huagong Tech's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Net Debt is expected to grow to about 51.2 M, whereas Short and Long Term Debt is forecasted to decline to about 46.6 M.
At this time, it appears that Huagong Tech's Piotroski F Score is Inapplicable. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
3.0
Piotroski F Score - Inapplicable
Current Return On Assets

N/A

Focus
Change in Return on Assets

N/A

Focus
Cash Flow Return on Assets

Positive

Focus
Current Quality of Earnings (accrual)

Improving

Focus
Asset Turnover Growth

N/A

Focus
Current Ratio Change

N/A

Focus
Long Term Debt Over Assets Change

Higher Leverage

Focus
Change In Outstending Shares

Decrease

Focus
Change in Gross Margin

N/A

Focus

Huagong Tech Piotroski F Score Drivers

The critical factor to consider when applying the Piotroski F Score to Huagong Tech is to make sure Huagong is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Huagong Tech's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Huagong Tech's financial numbers are properly reported.
Current ValueLast YearChange From Last Year 10 Year Trend
Total Current Liabilities5.7 B5.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total2.7 B2.6 B
Sufficiently Up
Slightly volatile
Total Assets18.3 B17.4 B
Sufficiently Up
Slightly volatile
Total Current Assets13.7 B13 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities1.6 B1.5 B
Sufficiently Up
Slightly volatile

Huagong Tech F Score Driver Matrix

One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Huagong Tech's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Huagong Tech in a much-optimized way.

About Huagong Tech Piotroski F Score

F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.

Short Long Term Debt Total

4.62 Billion

At present, Huagong Tech's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting.

About Huagong Tech Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Huagong Tech Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Huagong Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Huagong Tech Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Huagong Stock

Huagong Tech financial ratios help investors to determine whether Huagong Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Huagong with respect to the benefits of owning Huagong Tech security.